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...interlocking conflicts will ignite a larger conflagration." Eritrea is now the base for an alliance of Somali nationalist rebels, the UIC and separatist Ethiopian rebels from the Ogaden National Liberation Front. In July the U.N. Monitoring Group on Somalia, based in Nairobi, said Eritrea was supplying Somali insurgents with "huge" amounts of arms. U.N. Secretary-General Ban Ki-Moon has expressed serious concern about a military buildup along the Eritrea-Ethiopia border, where the U.N. has had peacekeepers since 2001. In Somalia, a small African Union peacekeeping force of 1,600 Ugandans is charged with keeping the factions apart...
During his first six months in office, French President Nicolas Sarkozy thrilled audiences at home and abroad with his kinetic vision for France. He stared down railworker unions, brokered a huge trade deal with China and generally signaled that he could redefine his country through sheer willpower alone. But as riots that broke out Nov. 25 north of Paris reminded us, the Sarkozy show isn't playing well with a crucial audience: residents of the banlieues, or France's impoverished suburbs...
Sure enough, house prices stopped rising in 2006, and now banks and brokerages are taking huge write-downs tied to the mortgage-backed instruments that kept the Ponzi-loan machine oiled. Economists are furiously debating whether we're on the brink of a full-fledged "Minsky moment," in which lending shrinks sharply across the board. Nouriel Roubini, an NYU economist and a widely read forecaster, got a lot of attention in November by professing to see risk of "generalized meltdown of the financial system of a severity and magnitude like we have never observed before." That sounds bad. But even...
...messily tied. I decided to take a scarf for a test-drive this week and see if I felt more glamorous and/or was inclined to make elaborate hand motions while laughing in a tinkling, musical manner. At first, I felt a bit awkward wearing my sunglasses and a huge scarf together, worried that I would resemble a sort of highly fashionable rogue C.I.A. agent. Yet after a while, I started to greatly enjoy the feeling of bohemian liberation I would experience while tossing my scarf over my face and flirting with several similarly bohemian admirers. I wore...
...Forum Director Bill H. White said next week’s event—the third forum of the year to feature a Nobel Peace Prize winner—has already created a huge demand for tickets...